Call reports 2003
BILTMORE BANK OF ARIZONA, THE — 2003
What BILTMORE BANK OF ARIZONA, THE reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|
| Total assets | 23,370,000 | 37,248,000 | 68,563,000 |
| Total loans | 6,095,000 | 13,798,000 | 29,595,000 |
| Allowance for loan losses | 61,000 | 138,000 | 348,000 |
| Securities available for sale | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 8,998,000 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 2,396,000 | 17,081,000 | 48,448,000 |
| Interest-bearing deposits | 1,382,000 | 12,276,000 | 37,978,000 |
| Noninterest-bearing deposits | 1,014,000 | 4,805,000 | 10,470,000 |
| Equity capital | 20,940,000 | 20,015,000 | 19,959,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|
| Interest income | 16,000 | 153,000 | 457,000 |
| Interest expense | 0 | 15,000 | 82,000 |
| Net interest income | 16,000 | 138,000 | 375,000 |
| Noninterest income | 0 | 2,000 | 31,000 |
| Noninterest expense | 1,015,000 | 1,987,000 | 2,799,000 |
| Provision for loan losses | 61,000 | 138,000 | 348,000 |
| Pretax income | -1,060,000 | -1,985,000 | -2,741,000 |
| Income tax | 0 | 0 | 0 |
| Net income | -1,060,000 | -1,985,000 | -2,741,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|
| Tier 1 capital | 20,940,000 | 20,015,000 | 19,959,000 |
| Total capital | 21,001,000 | 20,153,000 | 20,307,000 |
| Risk-weighted assets | 16,375,000 | 27,323,000 | 47,799,000 |